William Penn Life, 1971 (6. évfolyam, 1-4. szám)
1971-02-01 / 1. szám
COLONEL GVS G. NAGY WINS MEDAL . . . A Gratifying Past Continued from page 1 Thirty-Five Million Dollars of assets with One Hundred Million of insurance in force. These commanding results bring gratification into our hearts and optimism for a majestic future. The present strength of the William Penn Fraternal Association at this Eighty- Fifth Anniversary is the result of the honesty and integrity of the Officers and co-workers, whether in the smallest branch or in the National Office. We are very appreciative of our small beginnings because without the wisdom of our forefathers and grandfathers and loyalty of our fathers, we could not now stand in the mainstream of the future with courage and dedication and commit ourselves to not only preserving what we now have, but double it for our 100th Anniversary. Yes, we dare to set our sights high for we know that we can depend on our present and future generations. The first generation had the wisdom and desire for fraternalism. During that period activities centered around branch meetings and social homes. Members were enrolled at the Branch Meetings. During the period of our second generation an ever increasing program for protection was developed. Financial incentives were provided for the branch secretaries and full time managers were retained to sell insurance. The third, our present generation is the computer generation. What a blessing the computer. It is the computer that provides for us the most effective daily, monthly and yearly controls. This third generation will also develop the new plans of protection, such as: Mutual Funds, Lifetime Retirement Income, Insured Pension Benefits, Educational and Scholarship Funds, Business and Income Protection, Hospital, Indemnity and YES a new CANCER Medical Care Plan, tailored for the next generation. We trust that as the fourth generation arrives and makes use of our extensive services the future will continue to bring results and blessings, so to them we pledge Colonel Gus G. Nagy, Supervisor of Agencies, in the Western Pennsylvania area was honored Monday, January 18, Colonel Gus G. Nagy 1971, when he was presented the Legion of Merit in ceremonies held in the U. S. Army Reserve Center, Pittsburgh, Pa. This award was established in 1942 and is one of the highest presented by the military. It is given only in recognition of exceptionally meritorious service in peace and war. The award was presented by Colonel Willie E. Dixon, Commander of the 99th U. S. Army Reserve Command. Colonel Dixon cited the long military service of Gus G. Nagy, his combat record during World War II and his important work in the founding and developever greater devotion and to them we dedicate the FUTURE. Another of the promises of the future is the anticipated increase of fraternal togetherness and a renewed appreciation of our heritage and cultural treasures. With the increase of leisure time, the type of fellowship that the William Penn Fraternal Association can offer will become ever more attractive. The pressure of a modern changing society and the ever greater homogenization of mankind will strengthen the desire to belong, to have identity, to be someone in our small but trusted fraternal setting. Finally, the spirit of fraternalism will not only seek to express itself, but will increase through the study of Source and Destiny. In a world in which spiritual values will become inevitably and inexorably more recognized and worshipfully utilized, the William Penn members will stand with heads high, yes, sky-high, because all during the last Eighty-Five years faith in God and our dependence on His guidance has been the source of strength for our Association. Therefore, with joyful anticipation of the future’s promises, and in happy fellowship with each other in this celebration, we thank God from whom all blessings flow and happily GO ON! Elmer Charles National President ment of the U. S. Army Reserve School, which is now the largest in the United States and prepares more than 2,000 Officers and enlisted men each year for higher posts. He was promoted to rank of full Colonel in 1964. He has completed eighteen years of service as Supervisor of Agencies and is one of the strongest proponents of fraternal activities for the William Penn Fraternal Association in the Pittsburgh area. Our sincere congratulations to Colonel Gus G. Nagy. DIVIDENDS Effective with the payment notices to be mailed in April, 1971, those eligible for dividends and with certificate anniversary in January, February or March, will have the amount of their dividend shown on the payment notice. Thereafter, dividends will be shown on the payment notice first mailed after the certificate anniversary provided premiums are paid to the anniversary date We give herewith several examples as to when dividend information will be shown on the payment notice. a) A quarterly payor whose anniversary date is the month of April and is paid to March 31, 1971 will be shown his dividend credit on the payment notice due for July payment. b) A semi-annual payor whose anniversary date is the month of February and whose premiums are paid to April 30, 1971 will be shown his dividend credit on the notice due for May 1 payment c) An annual payor whose anniversary is September and who is paid to August 31, 1971 will have his dividend information shown on the payment notice due for September 1, 1972 payment notice. d) All monthly payors will be shown their dividend information on the payment notice due the month following the certificate anniversary month, provided premiums are paid to date. By anniversary certificate month we mean the month in which the certificate became effective. It is important to note that only those members are eligible for dividends whose certificates were issued: a) by the former Verhovay Fraternal Insurance Association from January 1949 to June 30, 1956 or b) by William Penn Fraternal Association July 1, 1956 or thereafter. NO OTHER MEMBERS ARE ELIGIBLE FOR DIVIDENDS. In January, 1967, the Board of Directors automatically changed the cash dividend to accumulative (left on deposit) dividend for those certificates issued between January 1, 1949 and June 30, 1956 by the former Verhovay. This ruling is still in effect and is binding. 3
